Collective Audience, Inc. (NASDAQ:CAUD) Short Interest Update

Posted by Trevor Kearing on May 30th, 2024

Collective Audience, Inc. (NASDAQ:CAUD – Get Free Report) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totalling 6,000 shares, a decline of 96.2% from the April 30th total of 157,200 shares. Based on an average daily volume of 2,910,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

Insider Activity

In other news, major shareholder Abri Ventures I, Llc sold 600,000 shares of the business’s stock in a transaction on Monday, April 8th. The shares were sold at an average price of $0.55, for a total transaction of $330,000.00. Following the completion of the transaction, the insider now directly owns 1,013,078 shares in the company, valued at approximately $557,192.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 58.00% of the company’s stock.

Collective Audience Stock Up 6.7 %

NASDAQ:CAUD traded up $0.03 during midday trading on Thursday, hitting $0.46. The company had a trading volume of 150,642 shares, compared to its average volume of 1,893,435. Collective Audience has a 52-week low of $0.37 and a 52-week high of $38.40. The stock’s fifty day moving average price is $0.54 and its 200-day moving average price is $0.98.